Professional Bio:

David is a Partner at DHC Capital. 

David has over 26 years of experience in restructuring, turnaround and special situations having worked as an advisor with Ernst & Young and Arthur Andersen, investment banker with Morgan Stanley, in senior management as a Chief Restructuring Officer (CRO), Chief Financial Officer (CFO) and interim CFO and Board member to distressed companies. 

David has worked with and advised private and publicly listed corporates, bank creditors, bond holders, alternative capital providers and distressed investors across the full range of the restructuring transaction cycle, including crisis stabilisation, business and strategic reviews, strategic option analysis including planning and implementing in and out of Court solutions, operational restructuring and turnaround, debt restructuring and schemes of arrangement, liquidity management initiatives, distressed M&A, rescue financing, refinancing and recapitalisations.

David has been at the forefront of multiple “ground-breaking” restructuring transactions involving schemes of arrangement, rescue financing and accelerated M&A in the region. He was involved in two of the largest schemes of arrangement by debt amount in Singapore under the Insolvency, Restructuring and Dissolution Act (US$3 billion debt restructuring including US$1 billion scheme and US$1.1 billion scheme), the first and three subsequent “pre-packaged” schemes of arrangement in Singapore, the first “pre-packaged” scheme of arrangement in Singapore under the Simplified Debt Restructuring Programme, the first three super priority rescue financings in Singapore, the first interim management appointment for a company undergoing a Court supervised scheme process and the first major tech sector distressed M&A transaction.

David has experience in transactions across Asia Pacific, including transactions in Australia, Brunei, China, Hong Kong, India, Indonesia, Malaysia, Singapore, Thailand and Vietnam and across multiple sectors including, manufacturing, construction, mining and metals, oil & gas, technology, food & beverage, real estate, retail, tourism and leisure and shipping.

As an investment banker, David was involved in the sourcing, structuring and execution of high yield, stressed and distressed investment opportunities across Asia Pacific for Morgan Stanley prop books.

David founded 363Xchange, a first-of-its-kind, technology-driven global marketplace that connects buyers, sellers and investors of distressed assets and special situation opportunities (www.363xchange.com).